He’s been described as the George Clooney of the government, a rockstar politician who took on the EU and an “erratic Marxist.” Few politicians can hope – or fear – to achieve the levels of notoriety Yanis Varoufakis did in just six months while serving as finance minister of Greece. A world-renowned economist, Varoufakis now […]
North America
Η Αλήθεια Μετά τον Τραμπ – από την στήλη μου στο 24 | 7
Οι αντίπαλοι του Ντόναλντ Τραμπ τον αποκαλούν ψεύτη. Το πρόβλημα όμως είναι ότι ο Τραμπ είναι κάτι πολύ χειρότερο από ψεύτης. Ο Νίξον έλεγε ψέματα για να θάψει αλήθειες, το ίδιο κι ο Κλίντον και πολλοί άλλοι. Όχι, το πρόβλημα με τον Τραμπ είναι ότι μέσα σ’ ένα χείμαρρο ψεύδους που έβγαινε από το στόμα του που […]
Is it sensible to fret about public debt’s rise during the pandemic? A debate with Todd G. Buchholz on Pairagraph
Is public debt a bomb about to explode taking us down? Or is fretting about public debt a tactic for preparing public opinion for a new austerity drive that will cause debt to grow even faster? Read my debate with Todd G. Buchholz organised by pairagraph.com (see here for the original publication) Todd G. Buchholz’s […]
“Global Trade & Capital Imbalances imperil Global Stability” – Redaction Politics reviews my Holberg 2020 debate with John Bolton
Redaction Politics published a review of my Holberg 2o2o debate with John Bolton on Global Stability. Their review is reproduced below. To watch the debate click here. Yanis Varoufakis lamented economic equality and pushed for global co-operation while John Bolton urged diplomatic confrontation as the pair battled over the question of “global stability” last week. […]
‘The Jimmy Dore Show’ goes to town with my take on the US Presidential election…
For my complete assessment of the US Presidential 2020 election results see below:
The op-ed that The Guardian would have published had Trump won: Compare and contrast
Before the US Presidential Election the Guardian kindly asked me to write two articles: one in case of a Biden victory, one in case of a Trump victory. I was happy to write them, only to be startled by how similar the two articles ended up being. Interested readers can read here the article that […]
Hoping for a return to normal after Trump? That’s the last thing we need – The GUARDIAN
Normalcy and the restoration of a modicum of decorum to the White House: that is what many elite supporters of Joe Biden hope for now that he has won the election. But the rest of us are turned off by this meagre ambition. Voters who loathe Trump celebrate his loss, but the majority rue the return […]
Brian Eno’s take on the US Presidential Election result
Once again, Brian and I are singing from the same hymn sheet – just as we did on the day after the Brexit referendum, the last UK General Election etc. Having just received an email containing his gut feeling about the next four years in the US, I thought I should share it with you. […]
Joe Biden, we are happy that you beat Trump. But here is why we shall oppose you, starting today – video
Biden has won. And thank goodness for that. BUT, it is the Biden Democrats who have proven time & again their determination to prevent ANY challenge to the power & wealth of the few causing the discontent that is propelling Trumpism. As of today, after one day of celebrations, progressives must unite against the reactionary […]
How worried should Americans be about public debt? My debate with Todd G. Buchholz on pairagraph.com
How worried should Americans (indeed the rest of the world too) be about public debt. In this running exchange Todd G. Buchholz, White House director of economic policy for President George H.W. Bush, financier and author, and Yanis Varoufakis, academic economist, parliamentarian and author, answer the question. Invited to do so by debate forum pairagraph.com, […]
Debating wealth redistribution with Bob Reich vs Larry Summers & Allison Schrager – Bloomberg & intelligence2
Watch the closing arguments in Bloomberg’s debate where Bob Reich and I supported the motion ‘It’s time to redistribute the wealth’ against Larry Summers and Allison Schrager who argued against.
The Brown University Journal of PPE interviews Krugman, Pinker & Varoufakis on Inequality, Financialisation, and Populism
JPPE: Many economists have their explanations about where inequality comes from, such as financialization, credit, globalization, technology, and bad policy. When thinking about the causes of inequality in the last thirty years, are there specific areas you think we ought to devote our attention to? Yanis Varoufakis: Well, there’s one word that answers your question: […]
Is capitalism past its expiry date? Munk Debate (K, Vanden Heuvel & Y. Varoufakis vs A. Brooks & D. Brooks)
The capitalist system is broken. It’s time to try something different. For my 3 minute conclusion of this debate, jump to 1 hour 59 minutes There is a growing belief in western societies that the current capitalist system no longer works for average people. Economic inequality is rampant. Life expectancy is falling. The environment is […]
A European Spring is possible – The Nation
The 2008 global financial crisis—the modern 1929 crash—set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimized […]